161. Assessing the $959 Million in Accelerated Economic Aid to Egypt
- Author:
- Patrick Clawson and Amy W. Hawthorne
- Publication Date:
- 01-2002
- Content Type:
- Policy Brief
- Institution:
- The Washington Institute for Near East Policy
- Abstract:
- In a brief January 3 statement, the White House announced that Egypt is receiving $959 million in accelerated economic aid, the bulk of which was evidently disbursed in the closing days of 2001. While an important sign of continued U.S. support for the Hosni Mubarak government, this sudden and massive windfall has the potential for weakening U.S. leverage in convincing Egypt to pursue additional (and much needed) economic reforms. Additionally, it is certain to be viewed in Cairo as a signal that the United States is fully satisfied with Egypt's post-September 11 contribution to the war against terrorism.
- Topic:
- Security and Religion
- Political Geography:
- United States, Middle East, Arabia, and Egypt